Global Propylene Oxide Market Growth Model of Top 10 Companies, Potential Invest

Posted by Priya on November 21st, 2018

Propylene Oxide Market 

Global Propylene Oxide Market 2018 to 2022 focus on business Intelligence for revenue-generating processes, market research future illustrated some of the typical ways that is used to improve key revenue generation processes. Fundamentally, Propylene Oxide market analysis, new technology, scope, stake, progress, trends and opportunities are about using detailed and specific business information about client. Global Propylene Oxide Market research report spread across 135 Pages consist 45 Tables and 11 Figures  also include Top 10 Global key players that sharing latest types, technology, application by 2023.

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Propylene Oxide MarketTop 10 Global key Players & Their Strategy

Some of the prominent players operating in the Propylene Oxide Market are The Dow Chemical Company (U.S.), LyondellBasell Industries N.V. (the Netherlands), Royal Dutch Shell plc (the Netherlands), Huntsman Corporation (U.S.), BASF SE (Germany), Repsol S.A. (Spain), Asahi Glass Co., Ltd. (Japan), INEOS Private Limited Company (U.K.), Sumitomo Group (Japan), Chevron Phillips Chemical (U.S.).

Propylene Oxide is a highly reactive compound, found as a colorless liquid and is used majorly in the manufacture of Polyether Polyols and propylene glycol. Polyether Polyols is an intermediate in the production of polyurethane foam which finds major application as coatings, adhesives & sealants among others. Polyether Polyols are also used as oil demulsifiers which is a major use in oil and gas exploration.

Intended Audience

  • Propylene Oxide Manufacturers
  • Traders and Distributors of Propylene Oxide
  • Research and Development Institutes
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

Propylene Oxide Market – Competitive Analysis

It is anticipated that these factors would drive the transportation sector in order to meet the needs of public and global traders. Propylene Oxide has major use as fumigation in food industry. Since, it is a certified compound in food industry to reduce the bacteria and other related microbes and it is anticipated that this cause would drive the Propylene Oxide Market in this forecast period.

Segmentation Analysis

The Global Propylene Oxide Market is segmented on the basis of applications, end use industry and region. On the basis of applications, the market is segmented into polyether polyols, propylene glycol, fumigation, adhesives and sealants, & oil demulsifier. On the basis of end use industry, the market is classified into construction, paints and coatings, oil & gas, food, & transportation. On the basis of region, the market is segmented into Asia Pacific, North America, Europe, Middle East & Africa and Latin America. North American audience of Propylene Glycol Market are more in the transportation sector. Since this industry uses Propylene Glycol as hydraulic fluids in the automotive industry and as well as de-icing agent in airplanes and other aerospace vehicles therefore factors will drive the market in the forecast period. Europe was the largest in terms of Propylene Oxide consumption.

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However, it is anticipated that it would lose it market share due to the economic crisis and increasing environmental regulations and safety in this forecast period. In the Middle East and Africa, UAE has positioned itself as a self-sustainable country because of it mega infrastructure projects to promote tourism. Whereas, other countries like Saudi Arabia has raw materials obtained from its oil wells to produce Propylene Oxide and also it is aiming to promote tourism. Propylene Oxide is used as adhesives, paints and coatings. Altogether, based on these factors it is anticipated that the market for Propylene Oxide will be growing in this forecast period.

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Priya

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Priya
Joined: February 7th, 2018
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